The Really Useless Thread | Page 3042 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Really Useless System 25 replies

Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies

The Really Really Boring Forex System 97 replies

Attachments: The Really Useless Thread
Exit Attachments

The Really Useless Thread

  • #60,821
  • Feb 27, 2012 5:44pm Feb 27, 2012 5:44pm
Quoting needpips
In the movie...I believe so..he references info about certain companies....
spot forex has to be one of the best instruments to day trade, makes most equities look pedestrian..
  • #60,822
  • Feb 27, 2012 5:48pm Feb 27, 2012 5:48pm
Quoting FibbinArchie
spot forex has to be one of the best instruments to day trade, makes most equities look pedestrian..
I used to daytrade...did forex for 5 minutes and never traded equities again....cleaned my ameritrade acct that afternoon....
  • #60,823
  • Feb 27, 2012 5:53pm Feb 27, 2012 5:53pm
sick bastards did finish talking about V & D yet what about A
  • #60,824
  • Feb 27, 2012 5:55pm Feb 27, 2012 5:55pm
I told you on Saturday, it's not time yet to load long term, hundreds of pips targets. Your choice but you'll just get frustrated getting stopped out. We will be here for a little while..
  • #60,825
  • Feb 27, 2012 6:17pm Feb 27, 2012 6:17pm
Quoting needpips
Im long av 1.3390...BE of course
I going scalp sell turd watching shitty small timeframes, risking 10 for 40
Fill 3414 sl 3424 tp 3374 be happier if she below 34, small lot fuk it
If you are new to Forex? Say Goodbye to your account!!
  • #60,826
  • Feb 27, 2012 6:19pm Feb 27, 2012 6:19pm
Quoting FibbinArchie
his what?

serious question v, sounds interesting, nothing on google...
Sorry, went out for a quick 3 mile run...

When he was explaining the stages he went through to discover how to rape the markets. I think first it was basic chart patterns for #1, then he went into understanding the emotions of people (greed and fear) for #2, then for #3 he never really divulged what was happening, but could pinpoint any price movement.

Although, it has been a while since I have seen it. I couldn't find the scene on youtube.
  • #60,827
  • Feb 27, 2012 6:20pm Feb 27, 2012 6:20pm
Quoting attila
I told you on Saturday, it's not time yet to load long term, hundreds of pips targets. Your choice but you'll just get frustrated getting stopped out. We will be here for a little while..
Consolidate, boom, consolidate boom. Nothing new here

If you want longs, check out Aussie, grab some carry trade while your at it. Aussie looks poised for a massive breakout to the north (right now, it is being held in place by weekly supply). It's never pretty when that lets go...
  • #60,828
  • Feb 27, 2012 6:22pm Feb 27, 2012 6:22pm
Quoting Venice
Consolidate, boom, consolidate boom. Nothing new here

If you want longs, check out Aussie, grab some carry trade while your at it. Aussie looks poised for a massive breakout to the north (right now, it is being held in place by weekly supply). It's never pretty when that lets go...
This thing can go either way btw...
  • #60,829
  • Feb 27, 2012 6:25pm Feb 27, 2012 6:25pm
Quoting Venice
Sorry, went out for a quick 3 mile run...

When he was explaining the stages he went through to discover how to rape the markets. I think first it was basic chart patterns for #1, then he went into understanding the emotions of people (greed and fear) for #2, then for #3 he never really divulged what was happening, but could pinpoint any price movement.

Although, it has been a while since I have seen it. I couldn't find the scene on youtube.
I stopped running and bought an elliptical....sick results....lost 20 pounds in 2 months....Got 5 more to go to reach my fight weight....
  • #60,830
  • Feb 27, 2012 6:32pm Feb 27, 2012 6:32pm
Quoting Venice
Consolidate, boom, consolidate boom. Nothing new here

If you want longs, check out Aussie, grab some carry trade while your at it. Aussie looks poised for a massive breakout to the north (right now, it is being held in place by weekly supply). It's never pretty when that lets go...

Crap I hope you wroing I got Aussie at strong triple resist, after breached ascending chan daily and at utl of new minor descending chan, if you right she be violent pop, if you wrong she a brick, I like brick better

will try find cleanest chart
If you are new to Forex? Say Goodbye to your account!!
  • #60,831
  • Feb 27, 2012 6:45pm Feb 27, 2012 6:45pm
Quoting KiwiTrada
Crap I hope you wroing I got Aussie at strong triple resist, after breached ascending chan daily and at utl of new minor descending chan, if you right she be violent pop, if you wrong she a brick, I like brick better

will try find cleanest chart
Yess'em, I certainly can't ignore the LH and LL that she created on the Daily. I'm locked in for the carry trade though. 1.0609. If it goes down, we both make money anyways I've been long this ol lady since parity on me swing account. Put have pulled quite a bit off the table since then. ugg. lol. Not like it was big enough to buy a boat or anything anyways... haha

Right now I am viewing the down movement as a down wedge though.
  • #60,832
  • Feb 27, 2012 6:45pm Feb 27, 2012 6:45pm
Heres what I have currently short all three ladys...GL!
Attached Image (click to enlarge)
Click to Enlarge Name: au 4hr.gif Size: 47 KB
  • #60,833
  • Feb 27, 2012 6:50pm Feb 27, 2012 6:50pm
Quoting Chillypiper
Heres what I have currently short all three ladys...GL!
With the hat trick!! Whoorah!
  • #60,834
  • Feb 27, 2012 6:51pm Feb 27, 2012 6:51pm
Quoting needpips
I stopped running and bought an elliptical....sick results....lost 20 pounds in 2 months....Got 5 more to go to reach my fight weight....
Nice work mate. I end up house jumping quite a lot, so don't want to lug that machinery around with me. I do love ellypticals though... absolutely wonderful on the knees... and TV watching is blissful.

I completed my first round of 5k's last summer (a few obstacle courses and standard 5k). This summer i'm shooting for a half marathon.
  • #60,835
  • Feb 27, 2012 6:53pm Feb 27, 2012 6:53pm
Quoting attila
This thing can go either way btw...
Oi Vei... yeah, I lose sight of things at times on my swings. Your right, I do have the weekly trying to point down... set and forget and can really forget what the feck is going on. LOL.

Actually, I have a signal to pretty much short right here... Risk is about 150 pips from right here or so... closer the better blah blah... I don't swing the Aussie short though, interest is brutal especially if caught in consolidation. I'll let this thing run to collect a few more days interest and see if/when I get stopped out at the bottom of this range.
  • #60,836
  • Feb 27, 2012 6:58pm Feb 27, 2012 6:58pm
Quoting Venice
With the hat trick!! Whoorah!
Haha! I get a kick outa that! Great Hockey game with the Marine Corp Battle cry!

Nice!
Attached Image
  • #60,837
  • Feb 27, 2012 7:04pm Feb 27, 2012 7:04pm
Quoting KiwiTrada
Crap I hope you wroing I got Aussie at strong triple resist, after breached ascending chan daily and at utl of new minor descending chan, if you right she be violent pop, if you wrong she a brick, I like brick better

will try find cleanest chart
au 4hr zoomed in and out, agree hh hl recent, but over all is pwder keg

off subject anyone take much notice of "death crosses" I only use 200 & 50 sma's and cable crossed 6644ish monthly, I not say she go down now, but if she can climb back here, will be worth noting, will be the 3rd recent touch this area, some say 2 up touchs sell, 3rd up touch buy and vice versa, I know most looking to long her but I think she in 2nd touch rejection 6644 process just saying long term this level could be powder keg, should be some nice pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AU 4hr zoom out 28 2 2012.png Size: 44 KB
Click to Enlarge Name: AU 4hr zoom in 28 2 2012.png Size: 49 KB
If you are new to Forex? Say Goodbye to your account!!
  • #60,838
  • Feb 27, 2012 7:06pm Feb 27, 2012 7:06pm
Quoting Venice
Nice work mate. I end up house jumping quite a lot, so don't want to lug that machinery around with me. I do love ellypticals though... absolutely wonderful on the knees... and TV watching is blissful.

I completed my first round of 5k's last summer (a few obstacle courses and standard 5k). This summer i'm shooting for a half marathon.
Thats the deal....Ican do an hour on the elliptical and not feel like my knees have been beat by a sledgehammer....Congrats on trying a half marathon
  • #60,839
  • Feb 27, 2012 7:10pm Feb 27, 2012 7:10pm
Take a little risk with AUDUSD 1st Short @ 1.07610. Don't know just now if I will trade it at H4, Daily or Weekly. Seems a good price for me to take the first trial down. Monthly could go further up ~1.0803 or so. H4 seems more smiling for a down.
  • #60,840
  • Feb 27, 2012 7:18pm Feb 27, 2012 7:18pm
Quoting Venice
Oi Vei... yeah, I lose sight of things at times on my swings. Your right, I do have the weekly trying to point down... set and forget and can really forget what the feck is going on. LOL.

Actually, I have a signal to pretty much short right here... Risk is about 150 pips from right here or so... closer the better blah blah... I don't swing the Aussie short though, interest is brutal especially if caught in consolidation. I'll let this thing run to collect a few more days interest and see if/when I get stopped out at the bottom of this range....
3372 might be a tough one
14 traders viewing now